| Decision | Consent granted Section 13(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 21 August 2025 |
| Pathway | Significant business assets only |
| Investment | Up to 100% of the ownership and/or control interests in KPMG New Zealand Partnership. |
| Consideration | $0 |
| Applicant | KPMG South ASPAC Group Holdings LLP Australia 71% Singapore 15% New Zealand 10% Philippines 4% |
| Background | The Applicant is a Singaporean limited liability partnership ultimately owned by the partners of existing KPMG partnerships operating in various countries in the Asia-south Pacific region. KPMG New Zealand Partnership is a New Zealand partnership that provides audit, tax, private enterprise and business advisory services under the KPMG brand. The Applicant is acquiring an indirect interest in KPMG New Zealand Partnership as part of an internal restructure that will establish the Applicant as the primary governance entity for KPMGs operations in the Asia south pacific region. Consent was granted as the Applicant has met the investor test criterion |
| More information | Chris Bargery Anderson Lloyd P O Box 399 Shortland Street Auckland 1140 |